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Suttons Bay, MI Office Spaces for Sale

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Northport, MI Traverse City, MI Lake Leelanau, MI Leland, MI Cedar, MI Kewadin, MI Elk Rapids, MI Central Lake, MI
Leased Mixed-Use Condo Building
Updated: Jun 30, 2023
Leased Mixed-Use Condo Building

5046 S W Bay Shore Dr, Suttons Bay, MI 49682

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18,000 sqft 4.30 AC lot
Fully leased commercial and residential condo building generating immediate income.
Prime location on 4.3 acres with frontage on M‑22, across from West Grand Traverse Bay, a waterfront park, and a boat launch.
Restaurant, retail, and office spaces totaling over 18,000 square feet.**
Features 6 condo units with 2 additional condo pads available for further development.
Four residential units currently occupied as cash‑flowing rentals.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Suttons Bay, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Upper-Floor Office Unit with Harbor Views
Upper-Floor Office Unit with Harbor Views

N 113 N Main Street Unit SourceFi, Leland, MI 49654

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323 sqft

Upper-level workspace includes shared reception, restroom, and kitchenette.

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Single-Story Office Building
Single-Story Office Building

116 E Philips Street, Lake Leelanau, MI 49653

$699,000
2,740 sqft 0.47 AC lot

Multi-tenant office property with C1 zoning, on-site parking, and a block-and-frame exterior.

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Historic Office Suite with High Ceilings
Historic Office Suite with High Ceilings

Traverse City, MI 49684

$398,000

Five private offices, reception space, and an open area support a flexible workplace layout.

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Mixed-Use Property with Office Building
Mixed-Use Property with Office Building

10017 10021 Cherrybend Road, Traverse City, MI 49696

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1,100 sqft

Combines residential quarters, dedicated offices, secure records storage, and private parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land Parcel
Commercial Development Land Parcel

1026-1028 E Front Street, Traverse City, MI 49686

$399,000
0.38 AC lot

Zoned commercial parcel with two separate lots, positioned along a major east-west corridor for flexible development planning.

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Commercial Land with Existing Office Building
Commercial Land with Existing Office Building

1040 E Front Street, Traverse City, MI 49686

$1,148,000
0.63 AC lot

Three-lot commercial parcel with an existing office building, positioned on US-31 for flexible development planning.

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Commercial Land with Existing Office
Commercial Land with Existing Office

1040 E Front Street, Traverse City, MI 49686

$1,148,000
1,864 sqft 0.63 AC lot

0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.

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Retail Space with Parking Lot
Retail Space with Parking Lot

1054-1060 E Front Street, Traverse City, MI 49686

$2,650,000
3,726 sqft 1.24 AC lot

C-3 Community Center District zoning supports a range of allowable uses and commercial configurations.

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Off-Market Properties in Suttons Bay, MI

Consider similar Off-Market properties in Suttons Bay, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5046 Bay Shore Dr
Restaurants

5046 Bay Shore Dr, Suttons Bay, MI 49682

Value Estimation by Request
18,000 sqft 4.30 AC lot
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Suttons Bay, MI Office Spaces Market Trends and Statistics

Explore 2 office spaces for sale in Suttons Bay, MI on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 2

Demographics Overview

Population 4,528
Population Growth (5Y) +10.6%
Median Household Income $89,688
College Educated 66.3%

Taxes & Financing

Tax Rate (average for all types) 2.68%
Tax Rate vs County Average 0.44 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Leelanau County

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